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Five of China’s biggest state-owned companies last week announced plans to delist from US stock exchanges.

Exit the dragon: Chinese giants flee Wall Street to avoid US scrutiny

After a two-year standoff, China’s state-owned companies are leaving Wall Street rather than subject themselves to audits by a US accounting regulator. Their paranoia isn’t surprising.

  • Stephen Bartholomeusz

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Paul Whyte was jailed for 12 years for his fraud.

Smoking out the rats: WA forensic auditors uncover potential public sector corruption

Established within the auditor general’s office in March 2020, the team of 13 finance and fraud experts are already deep diving into four potential occurrences of corruption in the public sector, as revealed by the first report into their activities.

  • Hamish Hastie
Auditor-General Grant Hehir says budget pressures have left him with no choice but cut audits, which he says contribute to a better performing public sector.

‘Alarm bells’: Auditor-General budget cuts will see agencies avoid scrutiny for decades

The Auditor-General says some government agencies will only face scrutiny once every 20 years after budget pressures forced him to cut the number of audits.

  • Katina Curtis
The Law Council of Australia warns if Attorney-General Christian Porter and Prime Minister Scott Morrison delay a federal integrity watchdog further, Australia may fall behind its UN obligations.

Audit office funding slashed, renewing calls for integrity commission

An analysis of the Australian National Audit Office's budget shows it has been cut by nearly a fifth in real terms since the Coalition came to power.

  • Katina Curtis

Original URL: https://www.brisbanetimes.com.au/topic/audit-quality-1mq5